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 Another retailer bites the dust, Lord & Taylor files for Bankruptcy. Is there a way back for retail stores?

Another retailer bites the dust, Lord & Taylor files for Bankruptcy. Is there a way back for retail stores?

September 05, 2020 01:22 PM AEST| By Team Kalkine Media

Summary Lord & Taylor, the oldest US retail store chain has filed for bankruptcy. The brick-and-mortar retailers are facing the brunt of the crisis, along with other industries like travel & tourism and hospitality. J Crew, J.C. Penney.....

 Swedish model during the coronavirus pandemic

Swedish model during the coronavirus pandemic

September 05, 2020 12:10 AM AEST| By Edita Ivancevic

The pandemic in Europe took a much bigger toll than in Australia. Most countries in the European Union (including the UK) had taken precautions and put countries in quarantine before it was too late. Also Read: When Will A Covid-19 Vaccine Be Avai.....

 Everything you need to know about the newly proposed Media Legislation in Australia

Everything you need to know about the newly proposed Media Legislation in Australia

September 05, 2020 12:05 AM AEST| By Edita Ivancevic

Australian Competition and Consumer Commission (ACCC) had been urged to create a new set of rules that would regulate the news distribution on digital platforms, particularly Google and Facebook. Earlier on 20 April, the government had notified th.....

 How is the US Election Race Faring? Does it impact your portfolio? 

How is the US Election Race Faring? Does it impact your portfolio? 

September 05, 2020 12:00 AM AEST| By Team Kalkine Media

The US Presidential election is just two months away from now and all eyes are set on its outcome, which will have an impact all around the world. Just as the race between the Democratic nominee, Joe Biden and Republican nominee, President Donald T.....

 Why NASDAQ Composite index plunged 5%?

Why NASDAQ Composite index plunged 5%?

September 04, 2020 03:19 PM AEST| By Edita Ivancevic

Summary On 3 September 2020, the Nasdaq Composite lost 5% of the profit, with the S&P 500 and the Dow indices following the similar poor situation. With this backlash, The Wall Street share market has faced the worst drop in shares since Ju.....

 Zoom reports Extraordinary growth as the world goes Video calling, Is more steam left?

Zoom reports Extraordinary growth as the world goes Video calling, Is more steam left?

September 03, 2020 11:11 PM AEST| By Team Kalkine Media

Summary Zoom reported Q2 total revenue of US$663.5 million, up 355 per cent YoY. Number of customers contributing more than US$100k in TTM revenue marked 112 per cent YoY uptick. The communication giant expects 281 to 284 per cent YoY increase.....

 Fed’s new strategy for inflation and labour market

Fed’s new strategy for inflation and labour market

September 03, 2020 04:04 AM AEST| By Team Kalkine Media

Summary The Federal Reserve declared a change in its policy decision-making approach to achieve maximum employment and stability in prices. The new strategy aims to allow for higher inflation and additional job growth over time. Fed has taken .....

 Did you miss anything on Apple share price and stock split?

Did you miss anything on Apple share price and stock split?

September 02, 2020 02:04 PM AEST| By Team Kalkine Media

Summary The much-awaited 4-for-1 stock split of the Apple stock to make it “more accessible to a broader base of investors” had whet investors’ appetite on 31 August 2020, the day when Apple’s shares trading commenced on .....

 Warren Buffet Taps Five Sogo Shosha of Japan

Warren Buffet Taps Five Sogo Shosha of Japan

September 01, 2020 12:08 PM AEST| By Team Kalkine Media

Summary Berkshire Hathaway has disclosed over 5% stake in each of five leading trading companies of Japan, which include Mitsubishi, Mitsui, Marubeni, Sumitomo and Itochu. Warren Buffet intends to maintain a stake of less than 9.9% while furthe.....

 Are Cyber Attacks on NZX likely to get worse? GCSB warns NZ companies

Are Cyber Attacks on NZX likely to get worse? GCSB warns NZ companies

August 31, 2020 09:24 PM AEST| By Team Kalkine Media

The New Zealand Exchange (NZX) has been the target of cyberattacks for five consecutive days, as on 31 August 2020. The DDoS (Distributed Denial of Service), one of the common cyberattacks, disturbed the trading session on Tuesday, Wednesday, Thurs.....

 Excessive use of hand sanitisers can be bad for health

Excessive use of hand sanitisers can be bad for health

August 29, 2020 04:15 AM AEST| By Team Kalkine Media

We have heard a lot of times that excess of anything is bad and the same holds true for hand sanitisers. Hand sanitiser pumps, stations and wipes are present everywhere from grocery stores, shopping malls to churches, for curbing the spread of coro.....

 It happens again, NZX being bullied by Cyber-attackers- Down for the fourth day

It happens again, NZX being bullied by Cyber-attackers- Down for the fourth day

August 28, 2020 09:04 PM AEST| By Team Kalkine Media

On Friday, August 28, the New Zealand’s Exchange (NZX) again became a target of a sophisticated cyber-attack. The exchange was knocked offline by an offshore DDoS attack. Initially, the session resumed but later halted because of the attacks......

 Coronavirus Crisis Raises Debate On Changing Tax Laws For Foreign Tech Companies

Coronavirus Crisis Raises Debate On Changing Tax Laws For Foreign Tech Companies

August 26, 2020 10:51 PM AEST| By Team Kalkine Media

Summary The UK government denied any plans on dropping tax collection from companies like Facebook and Google. Facebook’s French subsidiary announced that is paying €100 million as government taxes. Though it has been concerning sev.....

 How the Amazon share price has risen over time, management changes that we know about

How the Amazon share price has risen over time, management changes that we know about

August 26, 2020 05:45 PM AEST| By Team Kalkine Media

Summary Amazon has shown steady revenue growth and increasing profit margins in the past few years.  The Company has demonstrated a capability to outperform in such crisis times with financial ability and superior global infrastructure.&nb.....

 As the US markets Zooms, IPO bell rings - Airbnb to hit the floor

As the US markets Zooms, IPO bell rings - Airbnb to hit the floor

August 25, 2020 11:43 AM AEST| By Team Kalkine Media

Summary Airbnb is launching an IPO and has filed an S-1 to the Securities and Exchange Commission. The Company had shared its intention to go for public listing in 2019 and is one of the hot IPOs scheduled for the year 2020. Airbnb’s lat.....

 How Anti-Chinese Sentiments Are Shaping Facebook vs TikTok Battle

How Anti-Chinese Sentiments Are Shaping Facebook vs TikTok Battle

August 25, 2020 03:25 AM AEST| By Team Kalkine Media

markets continues.   ByteDance, owner of the short video-sharing platform TikTok, has been fighting battles on multiple fronts. One on hand, it is getting ready to sue the Trump administration that demands its US assets be sold, on the oth...

 What is driving Apple to Hit All-time High? Rub-off on ASX 200 Tech Stocks?

What is driving Apple to Hit All-time High? Rub-off on ASX 200 Tech Stocks?

August 24, 2020 06:25 PM AEST| By Team Kalkine Media

Apple Inc. (NYSE:AAPL) is crowned the most valuable listed company in the world. Tech titan and part of the renowned FAANG stocks, Apple Inc. shares, trading on NASDAQ, jumped over 5 per cent to a fresh closing high of USD 497.48 on 21 August 2020,.....

 Unprecedented Surge in Number of Scams: Few tips to Protect Your Personal Information

Unprecedented Surge in Number of Scams: Few tips to Protect Your Personal Information

August 24, 2020 02:12 PM AEST| By Team Kalkine Media

Current uncertain times have instigated a massive rise in the number of online scams aiming individuals as well as entities. These scams have seen a significant increase during the pandemic from offering online shopping and payment service to enter.....

 Before They Were Famous: Inspiring Beginnings of These Five Billionaires

Before They Were Famous: Inspiring Beginnings of These Five Billionaires

August 22, 2020 01:16 PM AEST| By Team Kalkine Media

Have you ever wondered what most successful people did before they were rich and famous? What did they do when they were young, and how did they get so successful? It is interesting to note that some of the wealthiest people were not born with a si.....

 Back to school kit for online studying amid Coronavirus pandemic

Back to school kit for online studying amid Coronavirus pandemic

August 22, 2020 12:49 PM AEST| By Team Kalkine Media

Education institutions are closed in most of the countries because of Novel coronavirus pandemic since the beginning of this year. Though schools and colleges are not operating on-ground, virtual learning has taken over the standard process of.....

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